The Business Research Company’s rail
transportation global market report, covers the year-on-year growth of the global
rail transportation market historic and forecast growth. It also includes
chapters on the rail transportation market trends, geographical analysis, and
competitive landscape.
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the report at:
The global rail transportation market size is
expected to reach higher than $650 billion by 2022, significantly growing at a
CAGR of around 5% during the forecast
Rail
Transportation Market Trends
The
rail transportation market consists of sales of rail transportation services by
entities (organizations, sole traders and partnerships) that use trains to
provide transport for passengers and/or cargo. Railroads operate either on
networks with physical facilities, labour forces, and equipment spread over a
wide geographic area, or operate over a short distance on a local rail line.
This market excludes street railroads, commuter rail, urban rapid transit, and
scenic and sightseeing train transportation.
Rail transportation companies
are using alternative energy sources to operate their rolling stock and
stations. Alternatives for diesel include hydrogen and LNG (already being
tested by some rail operators) that can be used to power trains. The use of alternative
energy sources is primarily driven by growing environmental concerns due to
climate change and rising fears of energy security. For instance, The
Netherlands’ national railway company Nederlandse Spoorwegen (NS) and
electricity company Eneco is running all its trains on wind energy, since
January 2017. period
The global rail transportation market is primarily driven by increasing connectivity in emerging economies such as India, China, and Brazil, increasing government investments, economical ticket pricing, and augmented use of big data analytics in railways during the forecast period.
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A Sample Of The Report:
The global rail transportation market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With increasing connectivity in emerging
economies such as India, China, and Brazil, increasing government investments,
economical ticket pricing, and augmented use of big data analytics in railways
during the forecast period, the global rail transportation market is expected
to increase in potential and scope. TBRC’s report also covers the rail
transportation drivers and restraints in the market.
The global rail transportation market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global rail
transportation market report are China Railway Corporation, Russian Railways,
Indian Railways, Deutsche Bahn AG, Union Pacific Railroad..
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